The stock prices of 6 counters were compared with prices as at 31 December 2012 some 9+ years ago. The results were shocking.
Imagining holding shares since 2012, one would see losses amounting to 91.7% decline for SembCorp Marine.
Singapore Press Holdings (SPH) lost 73.4% of its value. How could SPH lost so much?
Singapore Airlines lost 68.2% (without taking into account the impact of the rights issue recently).
SembCorp Industries lost 67% and Keppel Corporation lost 50.9%. All three (including SembCorp Marine) were impacted severely with plunging oil prices.
StarHub lost 62.5% when the telcos were hit by the entrance of a 4th telco operator, TPG Telecom. M1 had already been delisted from Singapore Exchange.
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